NOT LISTED FOR SALE

5277 Trager Rd Traverse City, MI 49696

Estimated Value: $452,000 - $662,228

3 Beds
1.5 Baths
1,574 Sq Ft
$379/Sq Ft Est. Value

Last Sold June 13, 2019

Last sale price $282,500 $179 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $3,516/month

188 Days on Market

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Deck
  • Courtade Elementary School Rated A-
  • Chalet
  • Wooded Lot

About This Home

As of June 2019

Completely Remodeled Lakefront Home Bordering State Forest - This exceptional 1.5 story home features 3 bedrooms / 1.5 baths and an unfinished walk out lower level looking out at the state forest. There is 91 feet of private frontage across the road. This home is nearly 100% new with granite countertops, stainless appliances, new furnace, etc. You can not tell it from a new build. Fronts on a gravel county road with little traffic. A true delight to show.

Last Agent to Sell the Property

Jules Yates

REMAX Bayshore - Union St TC License #6502357921 Listed on: 10/31/2018

REMAX Bayshore - Union St TC

Last Buyer's Agent

Mary Merchant

REO - Elk Rapids-101308 License #6501411359

REO - Elk Rapids-101308

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,618

Year Built

  • Built in 1982

Lot Details

  • 0.96 Acre Lot
  • Lot Dimensions are 94.61x446.04
  • Private Waterfront
  • 91 Feet of Waterfront
  • Lot Has A Rolling Slope
  • Wooded Lot
  • The community has rules related to zoning restrictions

Parking

  • Gravel Driveway

Property Views

  • Water Views
  • Countryside Views

Home Design

  • Chalet
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,574 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement
  • Walk-Out Basement

Kitchen

  • Oven or Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Well

Community Details

Overview

  • Metes And Bounds Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,618

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1.5 Story, Chalet
  • Estimated Year Built: 1982
  • Construction: Frame
  • Private Shared: Private
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1982

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher
  • Interior Amenities: Granite Kitchen Tops, Island Kitchen, Drywall
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 11.7x11.4, On Level: Main Floor
  • Bedroom 2: Dimensions: 14.9x12, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 14.9x13.6, On Level: Upper Floor, Flooring: Carpet
  • Total Bathrooms: 1.5
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 11.4x9.8, On Level: Main Floor
  • Kitchen: Dimensions: 15x11.4, On Level: Main Floor
  • Living Room: Dimensions: 12x14.5, On Level: Main Floor
  • Range: R 10W
  • Total Finished Sf Apx: 1574

Exterior Features

  • Body Of Water: Rennie Lake
  • Exterior Features: Deck, Countryside View
  • Exterior Finish: Vinyl
  • Foundation: Walkout, Unfinished
  • Number Of Acres: 0.96
  • Road: Public Maintained, Gravel
  • Roof: Asphalt
  • Water Features: Priv Frontage (Across Rd), All Sports, Water View, Soft Bottom, Gradual Slope to Water, Vegetation to Water Edge
  • Waterfront Frontage: 91

Garage/Parking

  • Driveway: Gravel

Utilities

  • Heating Cooling Types: Forced Air
  • Laundry: On Level: Lower Floor
  • Sewer: Private Septic
  • Tv Service Internet Avail: Unknown
  • Water: Private Well

Association/Amenities

  • Development Name: Metes and Bounds

Lot Info

  • Lot Number: 21
  • Deeded Waterfront: Yes
  • Land Features: Wooded-Hardwoods, Wooded, Evergreens, Some Lowland Areas, Rolling, Sloping
  • Lot Dimensions: 94.61x446.04
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2018
Closed on
Jun 13, 2019
Sold by
Sc Investments North Llc
Bought by
Martell Matthew J and Martell Cari L
Seller's Agent
Jules Yates
REMAX Bayshore - Union St TC
Buyer's Agent
Mary Merchant
REO - Elk Rapids-101308
List Price
$295,000
Sold Price
$282,500
Premium/Discount to List
-$12,500
-4.24%
Current Estimated Value
$597,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,557
Avg. Annual Appreciation
12.44%

Purchase Details

Listed on
Apr 18, 2017
Closed on
May 22, 2017
Sold by
Robert Hicks Investments Llc
Bought by
Sc Investments North Llc and Corteggiano Susan
Seller's Agent
Benjamin Ewing
Ewing Realty LLC
Buyer's Agent
Jennifer LaCharite
Luxus Realty, LLC
List Price
$189,000
Sold Price
$150,000
Premium/Discount to List
-$39,000
-20.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.18%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Martell Matthew J $282,500 --
Sc Investments North Llc $150,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/13/2019 06/13/19 Sold $282,500 -2.6% $179 / Sq Ft
05/07/2019 05/07/19 Pending -- -- --
04/09/2019 04/09/19 Price Changed $290,000 -1.7% $184 / Sq Ft
10/31/2018 10/31/18 For Sale $295,000 +96.7% $187 / Sq Ft
05/26/2017 05/26/17 Sold $150,000 -20.6% $86 / Sq Ft View Prior Sale
05/08/2017 05/08/17 Pending -- -- --
04/18/2017 04/18/17 For Sale $189,000 -- $108 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,618 $271,000 $0 $0
2024 $3,108 $243,700 $0 $0
2023 $2,974 $162,500 $0 $0
2022 $4,142 $159,700 $0 $0
2021 $3,997 $162,500 $0 $0
2020 $3,024 $114,300 $0 $0
2019 $4,793 $106,300 $0 $0
2018 $3,913 $86,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jules Yates

    Seller's Agent in 2019

    Jules Yates

    RE/MAX Michigan

    (231) 642-9888

    21 in this area

    233 Total Sales

    Jules Yates
    Section Image
  • Mary Merchant

    Buyer's Agent in 2019

    Mary Merchant

    Real Estate One

    (231) 360-1407

    27 Total Sales

    Mary Merchant
    Section Image

  • B

    Seller's Agent in 2017

    Benjamin Ewing

    Ewing Realty LLC

  • J

    Buyer's Agent in 2017

    Jennifer LaCharite

    Luxus Realty, LLC

    Section Image
See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1854666

Northern Great Lakes REALTORS® MLS

APN: 03-690-021-10

Michigan Grand Traverse County Traverse City 49696

5277 Trager Rd, Traverse City, MI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Great Lakes REALTORS® MLS The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

Nearby Homes